Retail SR. 28 & Meijer Dr. For Lease Milford/Miami Twp. FEATURES z z z z z
Up to 11,321 SF Available Space is divisible Fronts Meijer and Applebee’s Rapidly growing area Excellent parking
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Attractive, highly visible center No Earnings Tax! Corner traffic light New Hot Head Burritos opening in Fall
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For lease $15.00/SF NNN
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LOCATION Great retail space situated at the front of a Meijer Super Store. Open space that is easily divisible. The center offers easy access, good visibility and plenty of parking. Excellent cross traffic is generated by Meijer and Applebees.
Coldwell Banker West Shell Center 5946 Meijer Drive Milford, OH 45150 Miami Township
CONTACT Demographics: Total Population: Total Households: Avg. HH Income:
1-Mile 7,144 2,892 $69,634
3-Mile 41,822 15,782 $71,037
Traffic Counts: SR 28 at Meijer Drive = 8,686 ADT 2006 SR 38 (Byp.) at SR 28 = 26,460 AADT 2006
5-Mile 72,868 26,876 $74,886
Chris Nachtrab
[email protected] 513/769-2509
The information submitted is not guaranteed. Although obtained from reliable sources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice.
Executive Summary The Everest Group/TCN Worldwide
5946 Meijer Dr, Milford, OH, 45150 Site Type: Ring
39.194824, -84.239683 Radius: 1 Miles
39.194824, -84.239683 Radius: 3 Miles
39.194824, -84.239683 Radius: 5 Miles
7,144 47.5% 52.5% 39.9
41,822 48.7% 51.3% 37.8
72,868 48.9% 51.1% 38.1
$69,634 $32,498 $82,825
$71,037 $33,012 $87,566
$74,886 $35,791 $96,551
2,892 2.42
15,782 2.63
26,876 2.69
2009 Housing Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units
76.6% 18.6% 4.8%
76.3% 18.5% 5.1%
76.6% 17.9% 5.5%
Population 1990 Population 2000 Population 2009 Population 2014 Population 1990-2000 Annual Rate 2000-2009 Annual Rate 2009-2014 Annual Rate
4,996 6,002 7,144 7,596 1.85% 1.9% 1.23%
30,566 36,249 41,822 44,519 1.72% 1.56% 1.26%
52,447 63,526 72,868 77,114 1.93% 1.49% 1.14%
2009 Population Total Population Male Population Female Population Median Age 2009 Income Median HH Income Per Capita Income Average HH Income 2009 Households Total Households Average Household Size
In the identified market area, the current year population is 72,868. In 2000, the Census count in the market area was 63,526. The rate of change since 2000 was 1.49 percent annually. The five-year projection for the population in the market area is 77,114, representing a change of 1.14 percent annually from 2009 to 2014. Currently, the population is 48.9 percent male and 51.1 percent female. Households 1990 Households 2000 Households 2009 Households 2014 Households 1990-2000 Annual Rate 2000-2009 Annual Rate 2009-2014 Annual Rate
1,831 2,352 2,892 3,103 2.54% 2.26% 1.42%
10,770 13,426 15,782 16,910 2.23% 1.76% 1.39%
18,338 23,040 26,876 28,628 2.31% 1.68% 1.27%
The household count in this market area has changed from 23,040 in 2000 to 26,876 in the current year, a change of 1.68 percent annually. The five-year projection of households is 28,628, a change of 1.27 percent annually from the current year total. Average household size is currently 2.69, compared to 2.74 in the year 2000. The number of families in the current year is 20,221 in the market area. Housing Currently, 76.6 percent of the 28,439 housing units in the market area are owner occupied; 17.9 percent, renter occupied; and 5.5 percent are vacant. In 2000, there were 23,881 housing units— 78.7 percent owner occupied, 17.7 percent renter occupied and 3.5 percent vacant. The rate of change in housing units since 2000 is 1.91 percent. Median home value in the market area is $163,536, compared to a median home value of $162,279 for the U.S. In five years, median home value is projected to change by 0.81 percent annually to $170,281. From 2000 to the current year, median home value changed by 1.9 percent annually.
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014. ESRI converted 1990 Census data into 2000 geography.
©2009 ESRI
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11/13/2009
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Executive Summary The Everest Group/TCN Worldwide
5946 Meijer Dr, Milford, OH, 45150 Site Type: Ring
39.194824, -84.239683 Radius: 1 Miles
39.194824, -84.239683 Radius: 3 Miles
39.194824, -84.239683 Radius: 5 Miles
Median Household Income 1990 Median HH Income 2000 Median HH Income 2009 Median HH Income 2014 Median HH Income 1990-2000 Annual Rate 2000-2009 Annual Rate 2009-2014 Annual Rate
$37,172 $52,552 $69,634 $75,553 3.52% 3.09% 1.65%
$36,448 $54,386 $71,037 $75,920 4.08% 2.93% 1.34%
$38,049 $57,799 $74,886 $78,076 4.27% 2.84% 0.84%
Per Capita Income 1990 Per Capita Income 2000 Per Capita Income 2009 Per Capita Income 2014 Per Capita Income 1990-2000 Annual Rate 2000-2009 Annual Rate 2009-2014 Annual Rate
$15,151 $25,687 $32,498 $33,855 5.42% 2.58% 0.82%
$14,977 $24,948 $33,012 $34,402 5.24% 3.07% 0.83%
$17,064 $27,886 $35,791 $37,290 5.03% 2.73% 0.82%
Average Household Income 1990 Average Household Income 2000 Average Household Income 2009 Average HH Income 2014 Average HH Income 1990-2000 Annual Rate 2000-2009 Annual Rate 2009-2014 Annual Rate
$42,531 $64,492 $82,825 $85,530 4.25% 2.74% 0.64%
$42,207 $66,867 $87,566 $90,636 4.71% 2.96% 0.69%
$48,216 $76,266 $96,551 $99,930 4.69% 2.58% 0.69%
Households by Income Current median household income is $74,886 in the market area, compared to $54,719 for all U.S. households. Median household income is projected to be $78,076 in five years. In 2000, median household income was $57,799, compared to $38,049 in 1990. Current average household income is $96,551 in this market area, compared to $71,437 for all U.S. households. Average household income is projected to be $99,930 in five years. In 2000, average household income was $76,266, compared to $48,216 in 1990. Current per capita income is $35,791 in the market area, compared to the U.S. per capita income of $27,277. The per capita income is projected to be $37,290 in five years. In 2000, the per capita income was $27,886, compared to $17,064 in 1990. Population by Employment Total Businesses Total Employees
296 2,960
1,318 13,967
2,238 24,980
Currently, 92.6 percent of the civilian labor force in the identified market area is employed and 7.4 percent are unemployed. In comparison, 89.4 percent of the U.S. civilian labor force is employed, and 10.6 percent are unemployed. In five years the rate of employment in the market area will be 95.2 percent of the civilian labor force, and unemployment will be 4.8 percent. The percentage of the U.S. civilian labor force that will be employed in five years is 92.9 percent, and 7.1 percent will be unemployed. In 2000, 69.8 percent of the population aged 16 years or older in the market area participated in the labor force, and 0.0 percent were in the Armed Forces. In the current year, the occupational distribution of the employed population is: • 69.6 percent in white collar jobs (compared to 61.5 percent of U.S. employment) • 13.2 percent in service jobs (compared to 17.1 percent of U.S. employment) • 17.2 percent in blue collar jobs (compared to 21.4 percent of U.S. employment) In 2000, 85.8 percent of the market area population drove alone to work, and 4.2 percent worked at home. The average travel time to work in 2000 was 26.0 minutes in the market area, compared to the U.S. average of 25.5 minutes. Population by Education In 2009, the educational attainment of the population aged 25 years or older in the market area was distributed as follows: • • • • •
10.8 percent had not earned a high school diploma (16.2 percent in the U.S.) 28.3 percent were high school graduates only (29.8 percent in the U.S.) 7.7 percent had completed an Associate degree (7.2 percent in the U.S.) 22.1 percent had a Bachelor's degree (17.0 percent in the U.S.) 12.9 percent had earned a Master's/Professional/Doctorate Degree (9.8 percent in the U.S.)
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014. ESRI converted 1990 Census data into 2000 geography. Business data provided by InfoUSA, Omaha NE Copyright 2009, all rights reserved. ©2009 ESRI
On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-292-2224
11/13/2009
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